Word: banke
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Dates: during 1960-1969
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...Trust Co. trainees in Manhattan, Abt is preparing a game that will take two full days to play. It will give seven players practice in every phase of bank activity, will have them investing in imaginary but typical stocks. Other Abt games are Adman, Automation and one meant to give businessmen a better knowledge of a union's viewpoint by making them play labor negotiators in bargaining sessions. A few company managers have even asked Abt for games that would constructively enliven dull directors' meetings...
Constrained by no such considerations, Walter Heller, Ackley's more activist and more articulate predecessor, had quite a bit to say on the subject in a paper published last week by Minneapolis' National City Bank, of which he is a director. He argued that in the face of the inflationary pressures that are being generated by Viet Nam and domestic spending, the Administration should be working toward a budgetary surplus instead of a deficit. This would be the second, or braking, part of the New Economics, whose expansionary aspects set off the economic boom. Heller called...
...INSTRUCTED BY THE PRESIDENT, read the headline in a Djakarta newspaper. The words heralded the testimony of onetime Central Bank Minister Jusuf Muda Dalam, 52, who last week became the first of President Su karno's former Cabinet members to be put on trial by the new regime of General Suharto...
Whether the former bank chief's dis closures would tarnish Sukarno's image with the Indonesian masses is questionable. But General Suharto was patient. Scheduled for trial are 14 more former Cabinet members, including onetime Deputy Premier Subandrio, who, say military investigators, masterminded the plot with Sukarno's support-to steer Indonesia into Peking's camp via last October's abortive Communist coup...
...city of Recife, where Kelvinator is already building refrigerators. Firestone plans an $11 million tire plant and Italy's Pirelli is building a wire and conductor factory. Other European groups are setting up ventures in canning, batteries and cement forms. Last week the U.S.-backed Inter-American Development Bank chipped in $29.5 million to help finance a $79 million expansion of the Paulo Afonso hydroelectric plant on the San Francisco River in the Nordeste...